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Altitude Acquisition (Altitude Acquisition) Net Cash per Share : $0.00 (As of Sep. 2023)


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What is Altitude Acquisition Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Altitude Acquisition's Net Cash per Share for the quarter that ended in Sep. 2023 was $0.00.

The historical rank and industry rank for Altitude Acquisition's Net Cash per Share or its related term are showing as below:

ALTUW's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.79
* Ranked among companies with meaningful Price-to-Net-Cash only.

Altitude Acquisition Net Cash per Share Historical Data

The historical data trend for Altitude Acquisition's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Altitude Acquisition Net Cash per Share Chart

Altitude Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Net Cash per Share
- - -

Altitude Acquisition Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Altitude Acquisition's Net Cash per Share

For the Shell Companies subindustry, Altitude Acquisition's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Altitude Acquisition's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Altitude Acquisition's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Altitude Acquisition's Price-to-Net-Cash falls into.



Altitude Acquisition Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Altitude Acquisition's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Altitude Acquisition's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Altitude Acquisition  (NAS:ALTUW) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Altitude Acquisition Net Cash per Share Related Terms

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Altitude Acquisition (Altitude Acquisition) Business Description

Traded in Other Exchanges
Address
400 Perimeter Center Terrace, Suite 151, Atlanta, GA, USA, 30346
Altitude Acquisition Corp is a blank check company.